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of a sustained recovery. i'm ali velshi. this is "your money" and i'm going to show you the damage america could do to itself if washington allows us to go over the fiscal cliff. unemployment in the u.s. which has come down to to 20.9%, it could go up another 9%. according to a new research new york post poll, you clearly understand the danger of this fiscal cliff. 50% say it will have a major effect on the economy, 21% say a minor effect, 2% no effect, 10% say they don't know, which is why you're watching this right now. president obama says they're centering around increasing tax on the wealthy which will go a good way in increasing the revenue that he wants to raise in the next decade in an attempt to reduce the federal deficit. he wants to reinstate the bush tax cut which goes to the top 2% of earners. that would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second one would go from 36% to 39%. he's been focusing on this specific number since his reelection which suggests he may compromise on the actual rates in order to get a deal. there are other t
damage that america could do itself if washington allows us to go over the fiscal cliff. according to studies, the average household could pay $3500 more in taxes. unemployment in the u.s. which has come down to 7.9% could head back up above 9% by this time next year. the u.s. could join europe which has been hit by a double dip recession. and according to a pugh research/"washington post" poll, you clearly understand the danger of this fiscal cliff. 68% say it will have a major effect on the economy. 21% say just a minor infect. only 2% say no effect. 10% say they don't know which is why you're watching this right now. president obama's solution to all this is to make a deal centered around increasing taxes on the wealthy which will go a good part of the way to raising the $1.6 trillion in new revenue that he wants to raise over the next decade in his attempt to reduce the federal deficit. he wants to let the bush era tax cuts expire. if that happens, the top tax rate on income would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second top
campaigning on. america, america >> are we going to continue to making our case? >> i will say this, i can never, ever find my car in a garage. ♪ i'm going off the rails on a crazy train ♪ ♪ i'm going off the rails on a crazy train ♪ >> with frantic and frenetic behind-the-scenes negotiations as both sides work against the clock trying to reach an agreement on the fiscal cliff that is fast approaching. the president is trying to ramp up public pressure on congress to accept his ideas for debt reduction in. in the coming days he meets with small business owners, middle class taxpayers, around corporate leaders. friday he tried to recapture his winning spirit in pennsylvania touring a toy manufacturing plant. i don't think the event is in whoville but the republicans as grinch playbook is probably evident enough. to hear some of the president's team, they see this christmas going their way. >> i think we're going to get this done. i'm more positive than most. i'm heartened by many ever my senate republican colleagues who have stepped forward and basically said that their real oath is
examining america's education system and the impact on national security. council on foreign relations moderates the discussion, about an hour. >> welcome to this evening, broadcast of morning joe. the energy in this room is a real testament to two things. one is how the education reform has ripened, a combination of meade, the talent we see in this room has coalesced on the issue of new technologies but there is a sense that the moment has arrived and the other is jeb bush. [applause] >> i am a great believer that two things matter in life. won his ideas and the other is people. that is the real driver of change, the real driver of history. when you unpack it all and jeb bush is a perfect example. the coming together of a person with real talent and drive with a set of ideas and this is one of them. the fact that you are all here is the greatest salute you could give. condoleezza rice and i come out of a national security background. we use to mess around with something called the rand bond calculator. xbox it used to calculate what was known as the cp, the circular error of probable
and escaping from the drug war coming here. america is slowly moving against the war on drugs. it's kinld of amazing to see this movement. we see colorado and washington creating a very liberal open policy, california striking down their three-strikes law. that says let's not have nonviolent drug offenders go away to jail for a long time. judges and police say this is a losing battle. let's move towards treatment and decriminalization and treat it like alcohol rather than prohibition and criminalization. we have a mexican president saying, hey, let's look at a different way to treat this thing. let's talk about what he recently said. in favor of opening a new debate in the strategy in the way we fight drug traffickings. it's clear after several decades we have more drug consumption, drug use, drug trafficking. things are not working. a change in the drug policy would have a massive impact on the economy and on crime in both north america and throughout south america, and would lead the way and open the path toward a more humane immigration policy and people in america accepting them. >> i
me. >> thank you. >>> coming up, is america ready for bush 3.0? and the politics of attacking susan rice. why senators might be interested in preventing her being nominated as secretary of state. could the massachusetts senate seat have anything to do with it? and in the rewrite, what republicans do not understand about hispanic voters and why that means democrats will keep winning. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. look this isn't my first christmas. these deals all seem great a
time. i just don't understand why we all can't get together. i know that america is based on individuality and people wanting to have a piece of the pie, but why -- it just appears that the tea party is so divisive, and i don't understand that. you know, sometimes it appears that since president obama has become president, that i've never seen so much disrespect for the office of president. oip amy kremer? guest: well, thanks for your comment, shelly, and i would to say we're not divisive. i mean, we've gone after republicans and democrats alike. we are an issues-oriented movement, focused on fiscal responsibility, limited government, free markets. that's all we're focused on. and as i said before, we want washington to live within their means. so, you know, it's not that we're here just to challenge the democrats. we're here, and we've done it, we've primaried republicans before. so i don't think that expecting our federal government and our state and local governments to live within their means is very divisive. i think that that is something that is absolutely reasonabl
focus on the real issues facing america, like catching up -- that's a homeland is a tv show on showtime. [laughter] let's move to nonfiction. it is a privilege for me to be at the council on foreign relations, and thank you for hosting, and and for moderating. i see a number of people in the audience who have done such important work in the space, some of my colleagues and other government agencies. i see charlie firestone from the aspen institute, very involved in issues that i will be talking about today. let me start with one provocative sentence from jeffrey sachs of columbia university. he said recently the information and communications technology revolution is surely the most powerful single force for economic development in the world today. so i want to talk about that today, about the enormous opportunities the broadband revolution is creating. i will also talk about the dangerous fact that the global internet is at a crossroads. threats to the future of the internet have never been more serious, and if we don't tackle these threats, the u.s. and other nations will pay the pric
. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes and meet halfway. republicans have done this all along. stuart: you agree with me, if this plan, anything like it from the president, were imposed on the economy at this time it would lead to recession. >> i think that the president is fully aware as are democrats and anybody realistic. stuart: you make that judgment. >> i am not a fan, by the way, never have been, i thought the fiscal cliff thing was ridiculous in the beginning. no, no, but prefacing my answer to you. stuart: higher taxes of this magnitude on an economy that's already wea
to insulate themselves within the one america. >> conventions of the same feeling as well. >> i do not think he will see a democratic leadership of the house ever again that does not include at least one woman and one african-american and latino. where as republicans, they need a lot more than -- they really need to put out a different face, an image in order to compete more broadly. >> sometimes the evidence for interesting voices that do not -- >> one other dimension of this -- at the end of the day, mitt romney got 20% of the total electoral votes available outside of the south. that happened in 1992. that is the smallest share of the electoral votes. the demographic challenge is also a geographical challenges. because of these places we have more cosmopolitan and secular populations that are diverse on the coasts. >> they have all the mountains and the farm states. that's it. >> one last question and we will wrap up. >> thank you. i am an independent consultant. i want to go back to the aid groups and talk about the contrast and the complex between the boomers and millennia ills, particu
in america for something that was less liberal than what the networks for putting on the air. so, fox news was born. fox news has been hugely successful. it earns somewhere between $1.10 $0.50 billion a year. -- $1 and $1.5 billion a year. the folks at nbc took a look at what fox has been doing and figure out if they could make news skewing news to the right, if we could make half of that, let's ask you to the left. and so, you have on cable television news that caters to people who consider themselves progressives, news to people who consider themselves conservatives, you have the afternoon radio talk shows, the evening radio talk shows which cater largely to the conservative. you have the late-night comedy show, john stewart, stephen cole there, that tend to cater more to the left. and the end result is the area that has gone more or less of fellow is serious news organizations reporting the important events of the day without any kind of political bias. we have grown up as a nation believing we are entitled to hear news that resonates to the news we already -- to the views we already ho
. first, congress back to work, and back to bickering. in just under 35 days, america hits the fiscal cliff. that triggers severe spending cuts and tax hikes. several top republicans are now defying party politics and signaling a willingness to consider increasing tax revenues to get a budget deal done. but when the lame duck senate got back in session yesterday it sure sounded like the same old broken record. >> the senate has spoken. president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional
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a pennsylvania toy factory. listen. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family, everybody here, you'll see your taxes go up on january 1st. i mean, i'm assuming that doesn't sound too good to you. that is sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> that's pretty scroogy, right? president obama's proposal calls for $1.6 trillion in new tax revenue. $50 billion for new stimulus spending. and about $400 billion in entitlement cuts. republicans say, the president's proposal's nothing but a political stunt. here is boehner. >> the white house spends three weeks trying to develop a proposal and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount they're willing to cut. i mean, it is -- it was not a serious proposal. and so right now we're almost nowhere. >> what we will do is continue to take this as a serious matter. this is no
find. many lining up for midnight openings including 30,000 people at minneapolis' mall of the americas. others at an even earlier time because more and more stores are opening their doors on thanksgiving hoping the earlier hours will help boost their bottom lines. welcome to "america live," i'm rick folbaum. heather: and i'm heather childers, we are in for megyn kelly. and joining the bargain hunters at wal-mart today, swarms of union-backed protesters campaigning against thanksgiving day openings and what they say are low wages. we're also hearing reports that some walmart employees have even walked off the job. james rosen has been in the thick of one of those protests, and he joins us now live from landover hills, maryland. james? >> reporter: heather and rick, good afternoon. from what walmart executives are telling us, the protest staged here at this particular walmart store affectionately known as number 5129 in suburban maryland, may have been the largest mounted anywhere in the country. by our unofficial count, some 400 picketers arrived in five charter buses from the d.c. area
changers across america. jim, we love you! come over here! >> bill karins -- oh, no, speaking of -- >> what? >> we call him c.g. for -- >> no, we don't. >> c.g., what do we got? >> now i've got to think of something creative for what c.g. stands for. snow is falling in a few areas this morning, we're looking at new jersey, looks like the suburbs outside philadelphia and new york could see snow. getting ready to treat a lot of those roads. a lot of that eco friendly rock salt. let's show you what's happening on the radar, the pink is where it's a little bit of a mix and the green is the rain. we've set up the boundary line somewhere north of philadelphia and just north of new york city. below that, it's kind of a mix or rainy around philadelphia. little later today, once the colder air moves in, we will see philadelphia changing over to snow. it's not a huge storm, this isn't a big ocean storm, not a nor'easter, a quick event during the daylight hours today. and the temperatures are pretty warm right now. new york city still above 40 degrees, philadelphia near 40, big cities and the airports
. >>> coming up, is america ready for bush 3.0? and the politics of attacking susan rice. why senators might be interested in preventing her being nominated as secretary of state. could the massachusetts senate seat have anything to do with it? and in the rewrite, what republicans do not understand about hispanic voters and why that means democrats will keep winning. >>> is america ready for bush 3.0? not tonight, but will 51% of american voters be ready for bush 3.0 in 2016? what jeb bush is doing this week to get them ready, that's coming up. and republicans can continue the attacks on susan rice. one senate seat. that's next. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in
" tab... and pick the deals i want. i just use my bank of america debit or credit card when i pay. and then i get up to 15% cash back... put into my account! i know, right? [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. free for online banking customers. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. child
tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ >>> breaking news tonight on the libya mess. a new allegation that the obama administration still cannot get its story straight after so much time, even as recently as this morning. ironically, this latest charge flows directly out of an attempt at damage control. u.n. ambassador susan rice's trip to capitol hill, she and the acting cia director, michael morell, meeting with republican senators john mccain, kelly ayotte and lindsay graham, who were not pleased with what they heard. >> it is clear that the information she gave the american people was incorrect when she said it was a spontaneous demonstration triggered by a hateful video. it was
-called fiscal cliff. and just under 35 days now america falls off that cliff. you've heard the menacing sound right there. this triggers drastic spending cuts and tax hikes. now there are some signs of compromise on capitol hill. several top republicans saying they're willing to at least consider raising tax revenues to get a spending plan passed within the next five weeks. however when the lame duck senate returned to work yesterday, it sure sounded like the same old stalemate. >> the senate has spoken and president obama has spoken. he's promised he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> hardly a political plug there. cnn political director mark preston is live from washington this morning. mark, so far there are no formal fiscal cliff talks scheduled at the highest levels. but the white house just announced that president obama
to former u.n. ambassador john bolton. he will be here in "america's newsroom" just a few minutes away. we'll ask him what he believes she should be asked this morning by the senators. that is coming up. >>> there are some new concerns today that president obama and republicans may not be able to strike a deal that would avoid that potentially devastating fiscal cliff that is looming over the u.s. economy right now. the president is meeting with small business owners at the white house today. he had a series of meetings with different business leaders over the last week. despite the warnings that the talks are stalling on capitol hill stuart varney joins me now, host of "varney & company" on fox business network. >> good morning, martha. bill:. martha: what are you hearing how this is going? >> it is impasse basically. the republicans said yesterday they accommodated the democrats they will agree to get more money from wealthy people from higher taxes but mitch mcconnell, senate republican leader, he says there has been no similar compromise from the democrats or the president. he says the
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and begin the new year getting the dave cotes of this world to invest in america. >> senator corker, it's always a pleasure. thank you very much. >> thank you. >>> and up next, protests in egypt and the turnover on the president's foreign policy team. we'll talk to dennis ross. >>> and still ahead, former bush national security adviser steven hadley, plus our correspondents in the field. this is "andrea mitchell reports" only on msnbc. sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a sev
to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> do you remember florida on election day? that was hot. yeah, thosecredibly long lines -- those incredibly long lines of people waiting in the heat for hours on end trying to do the constitutional thing and exercise their right to vote. and the big, long ballots, sometimes ten pages or longer. i remember them well. i stood out there for 13 hours. get what, there are critics who say what i looked at and the hassles those people went through were all a big republican plan to suppress the democratic turnout. now i was in a heavily dominated republican district. but i'll tell you what -- it's been the claim of at least several former republican officials that were interviewed by the "palm beach post. "among those, that person, the former governor, republican government charlie crist who left the party and turned independent. and j
of america is at the nasdaq. right now apple looks to open lower initially. at&t is beginning to sell the new ipad mini and the ipad 4. we could see some numbers. >> it's always fun to see all of the new ipad applications. there's a terrific article in "usa today" talk about how shoppers use it. they give you coupons. nice company where they are trying to interact with the people. they help retailers interact with people in the store and give you coupons. this is again another growth business. >> paypal very involved in that. the ceo has talked a lot about that. the ability of merchant to know who is in the store at any given moment. >> one day we'll look back and say why are they putting inserts -- one of the worst jobs i had in my career was putting inserts into the sunday papers. >> i've done that too. i've done that too. i used to assemble "the new york times" when my parents owned a drugstore when i was growing up. my sister and i would assemble the "times" and put it in the news section the next morning. >> that was valuable thing. money saving coupons. >> exactly. >> money saving coupo
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on the abrupt departure of america's top spy and when congress should have been informed of the probe on the cia director. give us a call -- host: you can also catch up with us on all of your favorite social media sites, twitter, facebook, an e-mail. a very good morning to you. we want to take you right to the story that is leading the major papers this morning, the resignation and fallout over the cia director, david petraeus. the timeline shows that the fbi discovered the affair in summer. high-level officials and the justice department were notified in late summer that fbi agents had uncovered what appeared to be an extramarital affair involving the director of the agency. law enforcement officials did not notify anyone outside the fbi or justice department until last week because the investigation was incomplete and there were initial concerns about possible security breaches. host: another story from "the washington post" this morning. the headline, "probe of the petraeus investigation." we want to take you to one of those lawmakers now, congressman peter king, he was on "state of the union
a mandate to move us forward? guest: yes. i think he has america on his side. i think the administration thinks america is on his side. i think there is a sense that the democrats managed to maintain control of the senate pedometer democrats won at the white house. i think there's a feeling among democrats that they wanted these things, they should be able to put these things into place that they campaigned on which is largely taxing the rich. the house republicans feel like they also have a mandate, they kept their power, they kept the house and proposed something much different. and so the tricky thing is, everyone feels like to have a mandate moving forward. we will have to wait and see who ends up a bending and who does not. host: anything else you want to respond to? guest: i think one of the other interesting debates happening now is how important is it to deal with the deficit now obverses later. the caller really raised about and said, the debt is important. and that is one thing that the democrats think. even if there is a deficit deal and it is based on this perceived mandate o
gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> breaking news tonight on the libya mess. a new allegation that the obama administration still cannot get its story straight after so much time, even as recently as this morning. ironicall
. it runs out in 12 years. medicaid, the health insurance program for the poor across america, is critically important. one out of three people in this country are going to rely on medicare and medicaid for their health insurance. so we need to find ways to preserve these programs, not the paul ryan budget approach which at the end of the day would have jeopardized the program, made it too expensive for many seniors. we can find this. i do think there's a reasonable way for us to reduce the spending there without compromising the integrity of the program. >> do you favor raising the eligibility age for medicare from 65 to 67 over the next several years? >> let me tell you, i'm concerned about that. what is a person going to do who retires at age 63 or 64, and they don't have the benefit of medicaid or medicare coming away at age 65? they're on their own. if it means that they have to go out and try to find health insurance when they have a bad health record, it becomes impossible or way too expensive. i want to make sure there are no gaps in coverage for those who have retired, waiting for m
chambliss says he cares more about america and the fiscal mess we're in than he does his pledge to grover norquist. he's ready to deal with democrats who want to raise the tax rate of the richest 2%, but ep everyone else pretty much the same. again, the deadline is january 1st. no deal in washington and we'll all be looking at increased taxes, just as holiday expenses come due. let me bring in my guest here to talk us through all the possible scenarios, bob cusack, good to have you back on the show, managing editor of "the d.c. journal the hill." let's do a little refresher. who is grover norquist, talk to me about this pledge. it is not just about raising taxes, is it not? >> it is not just about raising taxes. this is a pledge that is spearheaded by activist grover norquist, a popular figure on the right and he basically is -- most members but not all members of congress on the republican side to sign this pledge which basically says they're not going to increase tax rates and also if they close deductions they would use that money to lower taxes in another area. after seeing republican
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believe in the greatness of america, i believe that this president can lead. i believe that his secretary of state, whoever that might be, can also lead. >> john mccain's humor, we understand, but he was certainly treating this as though it is very much in play. of course, as we point out, the president has not nominated her, but we understand all of our reporting and colleague's reporting he would like to nominate her to be secretary of state. can she try to -- can they try to ram this through? >> well, you know, the president has a right to nominate the person he thinks is best for all these positions and andrea, as you know, there may be vacancies in four or five key positions in his administration. so he has to make the best judgment for that. i would just hope that all members of congress would give any nominee, obviously, due consideration. and today ambassador rice is being asked lots of questions and she -- i thought she made the right decision. she took the initiative, the administration did, to have her go up to capitol hill. that's the right position. and as long as the adminis
traction in middle america. >> thank you all. i really appreciate your time and your insight into this story. thank you. i really appreciate it. coming up, president obama's new fiscal cliff strategy revealed. the president taking a page from his campaign. he's trying to get the public on his side when it comes to extending the bush tax cuts for the middle class. do the exit polls show he has the public on his side? chris van hollen will join us live. plus, another day of deadly protests in cairo over egypt's president morsi's new sweeping powers that he is seeking. we'll get a live report. plus, the former head of florida's republican party, he's making a stunning claim about the state's early voting law saying it was deliberately designed to suppress minority votes. it's just one of the things we thought you should know. join our conversation on twitter. you can find us at @tamronhall and at @newsnation. a winter wonderland doesn't just happen. it takes some doing. some coordinating. and a trip to the one place with the new ideas that help us pull it all together. from the
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